Why Paperwork Matters: Consider This Mortgage Mess

A U.S. bankruptcy court judge in New York wants officials from HSBC and Litton Loan Servicing to appear in her courtroom next month — to explain their failure to provide adequate documentation concerning how HSBC wound up cla…

Testimony Pokes Holes in Bank of America’s Defense

Bank of America challenges testimony by one of its operational leaders — that Countrywide may have held on to homeowners’ notes that it should have put into a trust. But the testimony is reinforcing fears that BofA is in big t…